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Seven Secrets of Successful Small Businesses Presented by Steve Strauss Lawyer, Author and “Small Business & Entrepreneurship” Columnist for USA Today, P&G Professional Advisory Council Member Greg Elmore Customer Business Development Manager, P&G Professional

Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

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Page 1: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Seven Secrets of Successful Small Businesses

Presented by

• Steve Strauss – Lawyer, Author and “Small

Business & Entrepreneurship” Columnist for USA

Today, P&G Professional Advisory Council

Member

• Greg Elmore – Customer Business Development

Manager, P&G Professional

Page 2: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Table of Contents

1. Every experience counts

2. Take care of the small stuff

3. Use the 80-20 rule

4. Market your business

5. Work to be the best

6. Involve your employees

7. Have a vision

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Page 3: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Objectives

In this 60-minute webinar, attendees will:

• Learn seven key traits of the most successful

small businesses

• Gather practical and easy-to-follow advice to help

set themselves apart from the competition and

achieve their very best

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Page 4: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

4

Steve Strauss “Small Business & Entrepreneurship” Columnist

for USA Today,

P&G Professional Advisory Council Member

Presents

Page 5: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

5

Not All Small Businesses are Created Equal

Page 6: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

7 Secrets of Great Small Businesses

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Page 7: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

1. Every Experience Does Count!

• Experiences, good and bad alike, create lasting

impressions in the minds of customers

• They become the filter by which you are viewed

• Thus, for most customers, branding takes place

in an instant

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Page 8: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Your Business Brand

• What customers think when they think of you

is your brand.

• It is your name, reputation, products, service,

slogan, and business personality - all rolled into

one

• 3 seconds is all you got!

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Page 9: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Benefits of a Great Brand

• More Income Potential

• Consistent Business

• An Aura of Success

• Credibility

• Top of Mind

• Perceived Value

• Different, Better

Page 10: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

What Branding is Not

• It is not just for large corporations

• It is not about fame

• It is not about inauthenticity

Page 11: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

What is Your X Factor?

• What is it you do that is unique, different and

special?

• How does this differentiate your from the crowd?

• Advantage: It’s not just about offering bargains

Page 12: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

1. Assess your brand today

2. Decide what you want it to be

3. Determine your unique characteristic

4. Decide on your lead attribute

5. See with whom you can co-brand

6. Choose your tools

7. Launch your campaign

7 Secrets to Creating a Memorable Brand

Page 13: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

2. Great Small Businesses Sweat the Small Stuff

1. “It’s the little details that are vital. Little things make big

things happen.” -- John Wooden

2. The lesson of the trim tab

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Page 14: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

3. Focus on the 80-20 Rule

• The basis for the rule

• Applications, generally

– Top 20% employees

– Top 20% web pages

– Top 20% products

• Most important application: Your current customers

80-20

Page 15: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

80–20 Tips

• In this economy, new customers are out there

• People are looking:

– For extra value

– To be appreciated

– For excellence

• Loyalty may be trumped by:

– Bargains

– Other benefits

Page 16: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

4. Great Small Businesses Market Their

Business, and Keep Marketing It

• The 3 types of customers

• Process:

– Choose your marketing tools, new and old alike

– Launch

– Rinse, repeat

– Review

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Page 17: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Tools

• Website

• Social Media

• Products

• Service

• Networking

• Business Card

• Signs

• E-newsletter

• E-mail

• Advertising

Page 18: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Branding Tools Drilldown:

Create a Sticky Site

• Video

• Blogs are SEO, and customer, friendly

• E-newsletters

• Forums, polls and surveys

• User-created content

• Remember: Content is King!

Page 19: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Brand Tools Drilldown: Social Media

The Word-of-Mouth Today

• CONS of Social Media

- Time consuming

- Nebulous results

- Mistaking activity for

results

• PROS of Social Media

- Branding

- New relationships

- “Free”

- BEST of all: It’s today’s word of mouth 19

Page 20: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

5. Good is the Enemy of Great

“In your life you only get to do so many

things and right now we’ve chosen to do

this, so let’s make it great.”

-- Steve Jobs

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Page 21: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Good vs. Great

How can you be great?

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Page 22: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

6. They Involve Their Employees

Survey says!

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Page 23: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

7. Great Small Businesses Know it is

About More Than Making Money

• They want to make a difference

• They want to create an exceptional experience for

their customers.

• They want to create a business that brings value

to themselves, their team and their customers.

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Page 24: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Webinar Review

1. Every Experience Counts

2. Take Care of the Small Stuff

3. Use the 80-20 Rule

4. Market Your Business

5. Work to be the Best

6. Involve Your Employees

7. Have a Vision

24

Page 25: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

• Understand the Value of a Good Experience

• Understand the Impact of a First Impression

• Understand the Need for Trusted, Effective Products that

Deliver Value and Results You Can Believe in

• Understand that Having the Right Tools are Critical to

your Productivity

• Understand that Being Equipped is Essential to your

Business

P&G Professional Understands

Small Business

Page 26: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Trusted brands that both your employees and customers

recognize and use

Simple, safe and effective products for every cleaning

solution needed for your business

Designed to be convenient and productive to help you be

successful

Trusted Brands for Your

Small Business

Page 27: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Brand Highlight

First Impression may not be what you see…

but what you smell!

Full-Line of Odor Eliminating Products:

Febreze Air Effects: Clears away stifling odors with light, fresh scents and patented binding technology locks onto odor molecule

Febreze Fabric Refresher: Formulated to penetrate deep into fabrics, and the patented cleaning system dissolves and permanently eliminates trapped odors

Page 28: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Brand Highlight

Perfect tool for that Finishing Touch!

Full-Line of Odor Swiffer Duster/Sweeper Products:

Swiffer: Provides the finishing touch for clean-ups, attracting and trapping dust, dirt, common allergens and hair with adhesive dust lock

Offerings:

Swiffer Duster

Swiffer 360 Duster

Swiffer Sweeper

Swiffer Wet Jet

Swiffer SteamBoost

Page 29: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Brand Highlight

The possibilities are practically endless!

Mr. Clean Magic Eraser

Penetrates surface grooves to clean trapped dirt and grime. Cleans walls, baseboards, floors, blinds and plenty more!

Offerings:

Original

Extra Power

Duo

Bath Scrubber with Febreze

Kitchen Scrubber with Dawn

New! Handi-Grip

Page 30: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Brand Highlight

Versatile and simple, helping you improve efficiency

and productivity at the same time!

Spic&Span 3-in-1 Disinfecting All-Purpose Spray and Glass Cleaner

Powerful 3-in-1 formula hospital-grade disinfectant that is also used

as an all-purpose cleaner, leaving your mirrors and glass streak

free

Kills 99.999% of germs when used as directed

Cleans with 50% fewer strokes

Page 31: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

Questions and Answers

For more information visit www.pgpro.com

or call (800) 332-7787

Page 32: Seven Secrets of Successful Small Businesses...Seven Secrets of Successful Small Businesses Presented by • Steve Strauss – Lawyer, Author and “Small Business & Entrepreneurship”

For more information visit www.pgpro.com

or call (800) 332-7787

Thank you for attending the

“Seven Secrets of Successful

Small Businesses”

webinar today

Thank You